Companies / Frugal
Frugal
Frugal is a developer tools and AI agents company based in Ottawa, Ontario. It raised a US$5M seed round in November 2025 led by Whitecap Venture Partners.
Code-level cloud and AI cost optimization platform.
frugal.co- Founded
- 2025
- Category
- Developer Tools/
Agents - Status
- Active
- Disclosed raised
- US$5M
Funding history
| Round | Date | Amount | Investors |
|---|---|---|---|
| Seed | Nov 12, 2025 | US$5M | Whitecap Venture Partners (lead); Mistral Venture Partners |
Founders
- Mike Weider, Co-founder/CEO.
- Craig Conboy, Co-founder/CTO.
- Rob Calendino, Co-founder.
Sources
Data as of November 10, 2026.